Chetan Ahya, Co-Head of Global Economics Chief Asia Economist, Morgan Stanley said the house is expecting the second quarter (Q2) GDP number which will be announced on Thursday to be around 6.5 percent, which will confirm a turn in the growth environment that ...

By David Morgan and Amanda Becker WASHINGTON (Reuters) - Congressional Republicans hit a last-minute snag on Tuesday in their drive to pass the biggest U.S. tax overhaul in 30 years, requiring them to hold another vote on Wednesday and delaying what was still ...

By David Morgan and Amanda Becker WASHINGTON (Reuters) - The Republican-controlled U.S. House of Representatives gave final approval on Wednesday to the biggest overhaul of the U.S. tax code in 30 years, sending a sweeping $1.5 trillion tax bill to President ...

By Amanda Becker and David Morgan WASHINGTON (Reuters) - Congressional Republicans on Friday unveiled the final version of their dramatic U.S. tax overhaul - debt-financed cuts for businesses, the wealthy and some middle-class Americans - and picked up ...

By David Morgan and Amanda Becker WASHINGTON (Reuters) - The Republican-controlled U.S. House of Representatives approved sweeping, debt-financed tax legislation on Tuesday, sending the bill to the Senate, where lawmakers were due to take up the package later ...

Call it the Budget 2018 and Long Term Capital Gains Tax (LTCGT) and Dividend Distribution Tax (DDT) effect. Both the BSE Sensex and Nifty50 recorded their worst losses in nearly five years. The BSE Sensex coughed up 533.01 points to trade at 35,373, tanking ...

US stocks are expected to keep rising in 2018 because a massive drop in the corporate tax rate is seen boosting the economy and corporate profits, but strategists say sizable gains could either be short-lived or elusive. The bull market is on track to mark ...